Quarterly cost of sending 200 USD worth of remittances Spain to Colombia 2011-2023
Remitting 200 USD from Spain to Colombia saw a cost decline of 1.3 percentage points between Q3 2022 and Q3 2023. This is according to an estimate that purely focuses on the remittances on this specific corridor. The cost of sending money to the Latin American country was at its highest in 2021, and generally declined since then. Spain ranked as the third most likely country of origin of remittances towards Colombia, even though most sources calculate such figures based on migration figures.